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32 Holmes Street
Highland Green Estates (Red Deer)
Red Deer
T4N 6L6
$4,900,000
Multi-Family
28,976 sq. ft.
built: 1988
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- A2139896
- Year Built:
- 1988
- Photos (13)
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Presenting a prime investment opportunity with this 25-unit row housing complex, comprising three separate buildings. Built in the late 1980s, each split-level unit features three bedrooms, 1.5 bathrooms, and a deck, providing spacious and comfortable living. Notably, three of the units have been renovated into two-bedroom suites, now including a dishwasher for added convenience. All units are separately metered, allowing for individual utility management. Several units have been upgraded with new flooring, paint, trim, and appliances, enhancing their appeal.
The property is equipped with natural gas-fired boilers and natural gas-fired forced air heating systems, providing reliable and efficient heating across all units. Paved parking is available, with each unit assigned two private parking stalls. Additionally, there are 13 visitor stalls available for the entire property, accommodating guests with ease.
The complex is conveniently located within walking distance of various amenities, including Red Deer Village Mall (featuring Canadian Tire, Starbucks, Sobey’s, TD Canada Trust), Parkland Mall, Mr. Mikes, CIBC, and Save on Foods. This ensures tenants have easy access to shopping, dining, and banking services.
Currently, all units are leased, except for one vacant unit, offering a steady rental income stream. This property combines strong returns with potential for future appreciation, making it an ideal addition to any investment portfolio.
- Property Type:
- Multi-Family
- Property Sub Type:
- Row/Townhouse
- Transaction Type:
- For Sale
- Home Style:
- Split Level
- Total Living Area:
- 28,976 sq. ft.2,691.96 m2
- Lot Area:
- 1.28 acre(s)0.52 hectare(s)
- Levels:
- Bi-Level
- Year built:
- 1988 (Age: 36)
- Bathrooms:
- - (Full:-, Half:-)
- Plan:
- 9623047
- Heating:
- Forced Air, Natural Gas
- Furnished:
- Unfurnished
- Structure Type:
- Five Plus
- Roof:
- Asphalt Shingle
- Ensuite:
- No
- Flooring:
- Carpet, Laminate, Linoleum
- Garage:
- 0
- Parking:
- Assigned, Paved, Stall
- Parking Places:
- 63.0
- Parking Total/Covered:
- 63 / -
- Laundry Features:
- In Basement
- Highland Green Estates (Red Deer)
- Dishwasher, Range, Refrigerator, Washer/Dryer
- n/a
- None Known
- Title to Land:
- Fee Simple
- Community Features:
- Schools Nearby, Shopping Nearby
- Patio And Porch Features:
- Deck
- Num. of Parcels:
- 0
- Region:
- Red Deer
- Zoning:
- R2
- Listed Date:
- Jun 10, 2024
Larger map options:
Listed by Salomons Commercial
Data was last updated September 20, 2024 at 12:05 PM (UTC)
- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.